NEW YORK--(BUSINESS WIRE)--Flynn Family Office (“FFO”), a family office and business management solutions firm serving ultra-high-net worth individuals and families and their advisors, launched on June 1, 2014. Partners Rick Flynn and Evan Jehle, former Principals of Rothstein Kass Family Office Group, created FFO to help ultra-wealthy families fully realize the benefits of their wealth by creating customized and scalable solutions to meet all financial and lifestyle goals. The transition was supported by Focus Financial Partners, the leading partnership of independent wealth management firms. Focus provides FFO with access to best practices, resources and to other top registered independent advisory firms in the industry.
“Over the last decade, we have set unrivaled standards for service as an outsourced family office solutions provider by putting families first. With the creation of FFO, our clients know that they can depend on the technical excellence, objective analysis and insightful thought leadership that have defined best practices in the family office space,” said Mr. Flynn. “We launched FFO to ensure the stability and success of our clients well into the future and chose Focus Financial Partners to help facilitate the transition. We feel even more confident being backed by a network of leading independent wealth management firms and having access to best-in-class resources, which will allow us to more freely and selectively enhance our platform and our network of elite service providers.”
FFO was created to help ultra-high-net worth clients and professional teams serving individuals and families achieve and maximize the benefits of exceptional wealth, from entrepreneurial pursuits to charitable involvements. Customized family wealth strategies surround the client relationship with the infrastructure, expertise and discretion required for long-term success. The firm’s proprietary model encourages clients to evaluate all major life decisions within the context of a defined long-term strategy, often aligning and managing third-party service provider relationships to maintain consistency in purpose and actions. FFO best practices are shaped by a longstanding commitment to industry research and analysis.
A highly accomplished team, the founding partners’ experiences are unique to the family office industry.
- Mr. Flynn is an expert in the family office space and has helped to transform the sector by designing and implementing outsourced solutions that bridge financial and lifestyle objectives. Mr. Flynn is frequently featured as a speaker at seminars and conferences on topics related to wealth and business management for high-net-worth individuals. He is co-author of three books on the subjects of celebrity wealth management and the growing appeal of the family office model, “Taking the Reins: Insights into the World of Ultra-Wealthy Inheritors,” “Fame & Fortune: Maximizing Celebrity Wealth” and “The Family Office: Advising the Financial Elite.” He is regular contributor to Private Wealth Magazine.
- Mr. Jehle is an expert in accounting, tax and business consulting services for ultra-wealthy clients including celebrities, athletes, asset managers and executives. With extensive experience in financial reporting, analysis, investment portfolio aggregation, tax planning and compliance, Mr. Jehle oversees accounting procedures and internal control best practices for FFO. He is a frequent speaker at seminars and workshops on topics related to wealth management for ultra-high-net-worth individuals.
“As ultra-high-net-worth families have realized the benefits associated with a unified family wealth strategy, the popularity of the family office model has flourished. Our partnership with a firm like FFO affirms our belief in this model, and we welcome a family office of this caliber into Focus,” said Rajini Kodialam, Co-Founder and Managing Director of Focus Financial Partners. “We believe that the resources Focus offers to family offices will support FFO as they continue to grow their firm and serve the specialized needs of their clients with expertise and resources second-to-none.”
The FFO family office platform has supported the firm’s reputation for innovation as the team has pioneered the Outsourced Single-Family Office, Outsourced Multi-Family Office, Celebrity Family Office, Virtual Family Office and Outpost Family Office models. As an independent firm, FFO is unbiased, objective and does not manage or allocate client assets. The firm’s model has proved an ideal outsourced solutions provider to a growing number of single-family offices seeking to separate non-investment functions.
“The FFO team are recognized experts in their chosen fields but beyond that, they are adept problem solvers who are tireless and resourceful in pursuing the objectives of our clients. Our investments in training and development give our team the confidence to tackle nearly any challenge, while our experience allows us to recognize those areas where additional expertise is required. In those cases, the depth and quality of our network of elite outsourced service providers allows us to bring together the optimal blend of talent and resources,” said Mr. Jehle. “We approach each new client assignment as an opportunity to sharpen our skills, enhance our capabilities and expand our base of knowledge.”
About Flynn Family Office:
Headquartered in New York City, Flynn Family Office (FFO) offers customized family office and business management solutions to some of the world’s wealthiest individuals and families, and their advisors. The company specializes in the design and realization of customized strategies that allow clients to fully maximize the benefits of exceptional wealth. FFO solutions encompass lifestyle and financial objectives, aligning elite teams of professionals that help to build and protect family fortunes, legacies and reputations.
Because FFO combines unmatched technical expertise with the highest standards for privacy and discretion, the firm represents many high-profile clients, including billionaire investors, celebrities, athletes, entertainers, executives and entrepreneurs. As an independent company, FFO does not manage or allocate client assets. Objectivity, dependability and expertise make the firm an ideal provider of outsourced solutions to single family offices and other professional practices serving ultra-high-net worth communities.
FFO’s influential thought leadership campaign features insights from firm partners as well as survey data and analysis from wealth management industry luminaries.
http://www.flynnfamilyoffice.com
About Focus Financial Partners:
Founded in 2006, Focus Financial Partners, LLC is the leading international partnership of independent, fiduciary wealth management firms. With more than $300 million in annual run rate revenues, Focus provides unrivaled access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with wealth management, benefit and investment consulting services. Focus partner firms maintain their entrepreneurial independence, while they benefit from the synergies, scale, economics and best practices of the market leader to achieve their business objectives. Focus was included on Inc. magazine’s 5000 ranking of the nation’s fastest-growing private companies in 2011 and 2010. In 2012, Focus was named a Crain’s New York Business “Fast 50” growth firm in New York City. For more information about Focus Financial Partners, please visit www.focusfinancialpartners.com.